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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: M. Frank Greiffenstein who wrote (21160)4/20/2000 12:11:00 PM
From: Rob C.  Read Replies (1) | Respond to of 29970
 
Doc and all,

Daily...MACD is trying to rally...

askresearch.com

Six month chart looks bleak, IMO if we close at 20, today would be considered a reversal.

askresearch.com



To: M. Frank Greiffenstein who wrote (21160)4/20/2000 12:13:00 PM
From: M. Frank Greiffenstein  Respond to of 29970
 
From TheStreet.com...Warburg Dillon Read analyst Michael Wallace anticipated weakness in the stock this morning, but upgraded the stock to a strong buy from buy with a 12-month target price of 45. Warburg Dillon Read has not done underwriting for Excite@Home. Wallace was not as concerned about the increased spending because Excite@Home is an established company with the backing of a powerhouse in AT&T (T:NYSE - news - boards).

"Yes, the stock has been a disappointment," Wallace wrote. "But this is the broadband leader, backed by T, and we estimate profits next year with a 25% operating margin within two years. The wholesale access buzz will come into play when other ISPs move into cable. We think Excite@Home is extremely compelling here, and today should be its inflection point."